Cheapest Offshore Company for Payment Gateways?

[yitoral]

-- I'd like to know which location is the cheapest for offshore company formation for payment gateways?
-- Seychelles is the cheapest but most gateways dont accept that country
- Can I use nominee director's name for registration of payment gateways?=
-- Can I use Seychelles corp. and simply purchase online merchant account and accept credit cards without payment gateways?

 

[negon]

Well, you need something within the EU to get some payment processing for your needs, if you want an offshore company Cyprus and Maltha may be some good options, however, I would incorporate a UK company it's very cheap.

You won't find any reliable payment processor for a Seychelles or Belize company!

 

[diablo]

What business are you into and what is it you are looking for in regards to payment gateway?

 

[yitoral]

diablo said:
What business are you into and what is it you are looking for in regards to payment gateway?
Click to expand...

Selling storage dedicated servers. Chronopay maybe? or stripe or paypal? or netbilling?

auric said:
Well, you need something within the EU to get some payment processing for your needs, if you want an offshore company Cyprus and Maltha may be some good options, however, I would incorporate a UK company it's very cheap.

You won't find any reliable payment processor for a Seychelles or Belize company!
Click to expand...

My business is small: 15000-20000 usd revenue /annual. Will I be still entitled to UK Tax if I create corp. there? Because Ive heard they allow free tax until 70k eur/annually. Is it true?
If i also purchase nominee director can I use that id instead of my id for payment gateways?
How much does UK corp. cost annually?

 

[Leo]

I'm having the same doubts as @yitoral ... Need to set up some payment processing solution for a small online business (intermediation in services rendering) and still haven't decided where to incorporate. Can anyone shed some light on it please?

 

[adnan]

i am also in the same boat.
looking for a cheap reliable approach such that i could accept payments on my website.

 

[JohnLocke]

You want to look into the payment processors first, once you have found one ask them what countries they accept, usually they have a list of accepted countries or a list of not accepted countries. Now pick one of the countries they accept and setup your offshore company there if possible.

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[TrueNorth]

James Spader said:
You want to look into the payment processors first, once you have found one ask them what countries they accept, usually they have a list of accepted countries or a list of not accepted countries. Now pick one of the countries they accept and setup your offshore company there if possible.
Click to expand...

Do we have a list of the best online payment processors?

 

[JohnLocke]

There is in the mentor group gold a database with lot's of good payment processors.
https://www.offshorecorptalk.com/resources/

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[Sut4su]

I have kinda the same problem as a topicstarter. Low revenue of 12k-24k USD Annual, so most jurisdictions wont cover the upkeep costs or just wont worth the time.
Moreover I reside in Russia, it adds additional layer of complexity rn, and I need an active working Paypal account connected to the bank account.
I am wondering if its worth investing in opening up proper company rn, or let it roll as it is and focus on generating more revenue and open up in Dubai afterwards with 50k+ annual revenue.

 

[bonox]

Go with Dubai afterwards. Your option to get a merchant account ar way higher simply with a UK LTD but since you are from Russia I don't know how many PSP's will accept you.